2010-09-08

The history of Reuter

Paul Julius Reuter, a German born immigrant, arrives in London from Aachen where he has been running a news and stock price information service using a combination of technology including telegraph cables and a fleet of carrier pigeons that grows to exceed 200. This helps Reuter establish an enviable reputation for speed, accuracy, integrity and impartiality. Reuter opens an office with the help of an 11 year-old office boy at 1 Royal Exchange Building in London's financial centre and located close to the main telegraph offices. He transmits stock market quotations and news between London and Paris over the new Dover-Calais submarine telegraph cable, using his “telegraph expertise.”

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